Director/PDMR Shareholding

RNS Number : 2490P

Spirent Communications PLC

24 May 2018

 

SPIRENT COMMUNICATIONS PLC

24 May 2018

DIRECTOR / PDMR SHAREHOLDING: 2018 LONG-TERM INCENTIVE AWARDS

The Company confirms that on 22 May 2018, awards were made to Directors / Persons Discharging Managerial Responsibility under the Spirent Long-term Incentive Plan as follows:

1.	Details of PDMR / person closely associated
	Name	Eric Hutchinson
2.	Reason for the notification
a)	Position / status	CEO
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Spirent Communications plc
b)	Legal Entity Identifier Code	213800HKCUNWP1916L38
4.	Details of the transaction(s)
a)	Description of the financial instrument Identification code	Ordinary shares of 3 1/3 pence each GB0004726096
b)	Nature of the transaction	Award of Performance Shares (nil-cost options) under the Spirent Long-term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00 549,822
d)	Aggregated information -     Aggregated volume -     price	549,822 0.00
e)	Date of the transaction	22 May 2018
f)	Place of the transaction	Outside a trading venue

1.	Details of PDMR / person closely associated
	Name	Paula Bell
2.	Reason for the notification
a)	Position / status	Chief Financial Officer
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Spirent Communications plc
b)	Legal Entity Identifier Code	213800HKCUNWP1916L38
4.	Details of the transaction(s)
a)	Description of the financial instrument Identification code	Ordinary shares of 3 1/3 pence each GB0004726096
b)	Nature of the transaction	Award of Performance Shares (nil-cost options) under the Spirent Long-term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00 302,402
d)	Aggregated information -     Aggregated volume -     price	302,402 0.00
e)	Date of the transaction	22 May 2018
f)	Place of the transaction	Outside a trading venue

1.	Details of PDMR / person closely associated
	Name	Angus Iveson
2.	Reason for the notification
a)	Position / status	Company Secretary & General Counsel
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Spirent Communications plc
b)	Legal Entity Identifier Code	213800HKCUNWP1916L38
4.	Details of the transaction(s)
a)	Description of the financial instrument Identification code	Ordinary shares of 3 1/3 pence each GB0004726096
b)	Nature of the transaction	Award of Restricted Stock Units under the Spirent Long-term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00 58,647
d)	Aggregated information -     Aggregated volume -     price	58,647 0.00
e)	Date of the transaction	22 May 2018
f)	Place of the transaction	Outside a trading venue

1.	Details of PDMR / person closely associated
	Name	Bill Mortimer
2.	Reason for the notification
a)	Position / status	EVP, Strategic Marketing
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Spirent Communications plc
b)	Legal Entity Identifier Code	213800HKCUNWP1916L38
4.	Details of the transaction(s)
a)	Description of the financial instrument Identification code	Ordinary shares of 3 1/3 pence each GB0004726096
b)	Nature of the transaction	Award of Restricted Stock Units under the Spirent Long-term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00 69,069
d)	Aggregated information -     Aggregated volume -     price	69,069 0.00
e)	Date of the transaction	22 May 2018
f)	Place of the transaction	Outside a trading venue

1.	Details of PDMR / person closely associated
	Name	Nigel Wright
2.	Reason for the notification
a)	Position / status	EVP, Global Sales
b)	Initial notification / amendment	Initial notification
3.	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Full name of the entity	Spirent Communications plc
b)	Legal Entity Identifier Code	213800HKCUNWP1916L38
4.	Details of the transaction(s)
a)	Description of the financial instrument Identification code	Ordinary shares of 3 1/3 pence each GB0004726096
b)	Nature of the transaction	Award of Restricted Stock Units under the Spirent Long-term Incentive Plan
c)	Price(s) and volume(s)	Price(s) Volume(s) 0.00 104,663
d)	Aggregated information -     Aggregated volume -     price	104,663 0.00
e)	Date of the transaction	22 May 2018
f)	Place of the transaction	Outside a trading venue

Following this notification, the individuals listed above hold options over the following total number of shares:

Director / PDMR	Total number of shares over which options held
Eric Hutchinson	1,840,054
Paula Bell	874,746
Angus Iveson	162,420
Bill Mortimer	238,646
Nigel Wright	452,181

Enquiries

Michelle Balch                         Spirent Communications plc              [phone]

Deputy Company Secretary

 

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